# Seyed Madaeni

> Seyed Madaeni is the co-founder and CEO of Verse, a San Francisco energy-software company that uses AI to help large enterprises and AI data centers buy, plan, and dispatch clean power. A systems engineer with a PhD from Ohio State, he spent a decade building grid-scale market software at PG&E, SolarCity, Tesla, AMS, and Fluence before starting Verse, which raised a $54M Series B led by Bessemer in June 2026 with backing from NVIDIA and GV.

- **Role:** Co-Founder & CEO at Verse
- **Organizations:** Verse, Fluence, Advanced Microgrid Solutions (AMS), Tesla, SolarCity, Pacific Gas & Electric (PG&E), Forbes Business Council
- **Nationality:** Iranian-American
- **Education:** BS and MS, Electrical Engineering, University of Tehran, PhD, Systems Engineering (Operations Research), Ohio State University
- **Known for:** Built the world's leading AI-powered wholesale market bidding software for utility-scale clean energy assets, Led Advanced Microgrid Solutions to an acquisition by Fluence, Played a central role in Fluence's public IPO as Chief Digital Officer

## Career timeline

- **early career** — Began in the electricity sector at Pacific Gas & Electric (PG&E)
- **2010s** — Worked on grid-facing software at SolarCity and Tesla grid services
- **2019** — Appointed CEO of Advanced Microgrid Solutions (AMS), leading its wholesale market bidding product
- **2020** — AMS software business acquired by Fluence; Seyed becomes Chief Digital Officer
- **2021** — Helps lead Fluence through its $1B+ (reported $5B+ valuation) IPO; grows renewable portfolio past 10GW
- **2023** — Co-founds Verse with Matt Penfold to simplify clean energy procurement with AI
- **2026** — Verse raises $54M Series B led by Bessemer Venture Partners with NVIDIA, GV and Norrsken backing

## Achievements

- Built the world's leading AI-powered wholesale market bidding software for utility-scale clean energy assets
- Led Advanced Microgrid Solutions to an acquisition by Fluence
- Played a central role in Fluence's public IPO as Chief Digital Officer
- Grew Fluence's renewable portfolio to over 10 gigawatts
- Co-founded Verse and raised over $80M total, including a $54M Series B in 2026
- Member of the Forbes Business Council
- Speaker at CERAWeek on accelerating corporate clean energy adoption

## Latest updates

- **2026-06** — Verse raised a $54M Series B led by Bessemer Venture Partners, with NVIDIA (Nventures), GV and Norrsken VC participating, to help AI data centers bypass grid queues.

## Links

- Website: https://verse.inc
- LinkedIn: http://www.linkedin.com/in/seyed-h-madaeni-ph-d-5697a749

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Profile page: https://yespress.io/seyed-madaeni
Published by YesPress — https://yespress.io
Last updated: 2026-07-29